STATE LEVEL BANKERS’ COMMITTEE : KARNATAKA Convenor – SYNDICATE BANK : CORPORATE OFFICE : BENGALURU

MINUTES OF THE 133rd MEETING OF SLBC HELD ON 21.12.2015

The 133rd SLBC Meeting was held on 21st December 2015 at the Conference Hall, Vidhana Soudha, Bengaluru under the Chairmanship of Sri R.S. Pandey, Executive Director, SyndicateBank. The Chairman-SLBC extended warm and hearty welcome to Smt Latha Krishna Rao, Additional Chief Secretary and Dev. Commissioner : GoK; Sri M.I. Ganagi, Chief General Manager : NABARD and Sri Vivek Deep, General Manager : RBI. He also extended cordial welcome to Principal Secretaries, Secretaries to Govt of Karnataka, Senior Executives from Reserve Bank of India and NABARD, Senior Officers from the State Govt, representing various Line Departments, Corporations and Boards, Senior Executives from Commercial Banks, Co-operative Banks, Chairmen of RRBs, other Financial Institutions, UIDAI, LIC of India & General Insurance Companies, NGOs, Media personnel & other participants present in the meeting. In his key note address, the Chairman-SLBC touched upon briefly some of the following important issues. On providing Relief measures to the distressed farmers and Farmers’ suicide incidences in the State, he appreciated the efforts put in by LDMs, District Administration, Line Departments, Religious / farmer leaders in conducting 74 Jagruthi Jathas / Counselling Camps in handholding the farmers in all the Districts. He appealed / requested all of them to continue their efforts in conducting camps and handholding all the distressed people in general and farmers in particular. He appreciated all the Banks for implementing relief measures like, restructured / rescheduled 15301 Agricultural Term Loan a/cs involving ` 253.88 cr; converted 31,057

Crop Loan / Kisan Credit Card a/cs into Term Loan involving ` 400.66 cr; and provided 12,042 fresh Crop Loan / Kisan Credit Card to the extent of ` 180.25 cr and fresh agricultural

term loans in 12183 a/cs involving ` 165.74 cr. as a relief measure extended in drought

affected areas. He requested the Banks to continue to provide all the relief measures to the farmers. Touching upon Solar Rooftop Photo-voltaic Projects (SRTPV projects) – Tripartite Agreement for SRTPV Projects with BESCOM, he said that as a part of the promotion of Solar Energy, the GoK has come out with Solar Rooftop Photo Voltaic (SRTPV) Project involving the Rooftop Owners, the Developers and the financiers, wherein there is scope for selling the power generated through installation of roof top photo voltaic systems to BESCOM by individual households, schools, colleges, hospitals, large corporate houses, warehouses, etc. The BESCOM which is a nodal Company, will enter into a tripartite agreement with all the stakeholders and coordinate the implementation of the project. In this connection, he has requested all the Banks to go through the circulars issued by SLBC with regard to modalities of the scheme and also requested to go through the website of BESCOM. He appealed to all the Banks to accord priority for implementation of the scheme.

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While briefing on “Start-Up India” Programme, he said that the Hon’ble Prime Minister had launched Start-Up India Programme, during his address to the Nation on Independence Day. The programme envisages for disbursement of loans by all the 1.25 lakh Bank Branches in the country for start-ups to the tribals in the locality where there is any tribal habitation and where there is no tribal habitation, the branch can provide the loans to a dalit or a tribal and give financial support to them and thus 1.25 lakhs dalit entrepreneurs to come up. Banks to give them new dimensions to start up and secondly these 1.25 lakh branches can formulate a special scheme for women entrepreneurs. He requested all the Banks to initiate immediate steps for implementing the programme by disbursing loans for start-ups to the tribal / dalit / women entrepreneurs through bank branches following the existing RBI guidelines to increase credit flow to the Micro sector and Priority Sector. He said that Banks have extended assistance to 35 Tribal, 608 Dalit & 7182 women beneficiaries so far under the Programme. Continuing his address, on promotion of Farmers Producer Organisations, the Chairperson informed that Sri Arun Jaitely, the Hon’ble Finance Minister in his Budget speech had said that the issue of profitability of small holding based agriculture has assumed importance in view of increasing proportion of small and marginal farmers in the country. In order to supplement NABARD’s Producers’ Organisation development fund for Producer’s development and upliftment called PRODUCE, the GoI has allocated a sum of ` 200 cr which will be utilised for building 2000 producers organisations across the country

over the next two years. The NABARD, the coordinator of this scheme has informed that there are 150 promoting agencies of Farmers Promotion Organisations (FPOs) in the State, which are badly in need of financial assistance and hence sought the support of all departments of Govt of Karnataka and all the Banks to extend needed support to these FPOs for successful implementation of the scheme to enable to mitigate the problems of SF / MF of the State. He requested all the Banks to formulate policies for extending finance to FPOs.

Coming to the performance under Annual Credit Plan 2015-16, he said that during the quarter ended Sep. 2015 the Banks have disbursed ` 55024 cr. as against the annual target of ` 112460 cr. recording an achievement level of 48.93% under Priority Sector Credit.

Inspite of the prevailing drought situation in the State the disbursements towards agriculture and allied sector has achieved the level of 54.66% of the target. He also expressed his concern over the poor performance of KCC, Housing, Education & other priority sectors and requested the Banks to gear up their efforts to reach the targets in the remaining period of the year.

With regard to the various novel schemes of Govt of India, i.e., PMJDY, Social Security schemes and MUDRA are being implemented successfully by Banks in the State with the active support of Govt of Karnataka, he insisted Banks to ensure issuing of Rupay Cards to all the PMJDY account holders and its activation so that the beneficiaries are not deprived of insurance coverage.

He appreciated the efforts put in by the SLBC team and LDMs / sponsoring agencies in conducting series of meetings with Line Depts / sponsoring agencies vis-à-vis with Banks and also LDMs to hasten up the process of implementation of Govt sponsored schemes to ensure the targeted people of the State to get benefits. While briefing on performance under Govt sponsored schemes, he said that Banks are yet to clear the pendency under NULM, Udyogini schemes and some line departments àre yet to sponsor the applications even after completion of major part of the year for the schemes, namely, PMEGP, CMEGP. He requested the Banks and Line departments to initiate immediate steps in this regard without any further delay.

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Continuing his address, he said that the recoveries of loans play a vital role in recycling of funds. He also said that the Hon’ble Finance Minister, Govt of India had expressed his concern over rising of NPAs and stressed the need for recovery and advised all the Banks to initiate steps to contain the NPAs. In case of advances under Govt sponsored schemes also there is alarming raise in NPAs and he requested the Govt to advise the line departments to extend assistance to the Banks in recovery of such loans. He also observed that some of the SLBC Sub-committees have not conducted meetings during this quarter, which has not served the very purpose of Sub-committees. Hence, he called upon the Convenors of the Sub-Committees to conduct meetings as per the schedule. Before concluding his address, the chairperson welcomed once again all the participants to the meeting and requested them to make the deliberations fruitful. Thereafter, regular Agenda was taken up for deliberations by Sri M. Mohan Reddy, the Convenor & General Manager, Syndicate Bank, after due permission from the Chair.

AGENDA 1.0 CONFIRMATION OF THE MINUTES OF 132nd SLBC MEETING The Minutes of 132nd SLBC Meeting held on 18.09.2015 were circulated vide letter No.

659/2015/2944/SLBC/101-132 dated October 26, 2015. The Minutes were approved as no

suggestions for amendments were received.

AGENDA 2.0: IMPLEMENTATION OF PRADHAN MANTRI JAN DHAN YOJANA (PMJDY) The Progress in implementation of Pradhan Mantri Jan Dhan Yojana (PMJDY) covering opening of BSBD a/cs and issue of Rupay Cards, Issues related to BCs/Bank Mitras, Capacity Building of BCs (IIBF Certification), Providing Banking Outlets in all villages with population above 2000, Roadmap for Providing Banking Services in villages with population below 2000, Financial Literacy Centres, Implementation of Social Security Schemes, i.e., PMJJBY, PMSBY & APY were presented and reviewed. The Convenor informed that although the Banks have opened 83.22 lakh BSBD accounts, they have issued only 73.16 lakh Rupay Cards and hence immediate attention is to be paid by Banks to issue Rupay Cards to remaining account holders. Further, the activation percentage of Rupay Card is around 60%, which is on lower side. Due to this the BSBD a/c holders will be deprived of insurance coverage. He requested the Banks to hasten up the issue of Rupay Card and its activation on war footing. Further, he informed that the DFS: MoF: GoI that NPCI has extended 45 days usage condition to 90 days for Rupay Classic Cardholders w.e.f. 25.11.2015. Accident arising on or after 25th Nov 2015 will only be considered for extended period. Claim intimations on RuPay Classic Cards where accident has occurred before 24th Nov 2015 will not be eligible for claim benefit under 90 days usage condition. Such cases will be reviewed in light of the 45 days usage condition only. It may be noted that 45 days usage condition will remain unchanged for RuPay Platinum Cardholders. Bank Mitras The Convenor-SLBC requested the Banks to provide training to the untrained Bank Mitras immediately through the respective R-SETIs/RUDSETIs to enable them to take up IIBF exam. As per the advice of DFS: MoF: GoI, SLBC has made verification calls through their executives of call centres to ascertain / verify the availability of Bank Mitras. Out of the total 5313 Bank Mitras in the State, 3116 Bank Mitras have responded and the remaining could not be ascertained for the following reasons -

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some Banks have not furnished mobile numbers of Bank Mitras

some mobile numbers given are wrong

some Bank Mitras have left the job

some mobiles are switched off

some mobiles are out of coverage area

He requested all the Banks to ensure their Bank Mitras are available in their allotted SSAs and provide the updated information to enable SLBC to complete the task given by the DFS.

Further, he informed that the Managing Committee of IBA has advised member banks to create necessary awareness amongst the BC agents on the eLearning Module, and strictly adhere to cut off dates set-out by DFS in training and certifying the BCs and Bank Mitras through any of the three (3) options now available to them viz., through IIBF, In-house training & certification by bank and eLearning Portal.

He requested the member Banks to adhere to the time schedule for examination and dates for online registration designed by IIBF, to achieve 100 percent certification of Bank Mitra/BC/BF by December, 2015. The time schedule given by IBA is as below:

25% ….by 30th September 2015 50%..... by 31st October 2015 75%......by 30th November 2015 100%....by 31st December 2015

He informed that with effect from 1st November 2015, only certified candidate could be engaged as BC agent by the banks.

He requested the Banks to expedite opening of the FLCs in the remaining 46 centres immediately.

AGENDA 2.1 : ROLL OUT OF PRADHAN MANTRI MUDRA YOJANA (PMMY) The Convenor-SLBC informed that the Banks have sanctioned ` 4039.79 cr as against the financial target or ` 7868.86 cr as on 25.11.2015. The Bank-wise targets and achievement

for the current financial year comprising categories under Shishu, Kishore & Tarun were presented to the House. He informed the House that 33 camps have been organised by LDMs involving all the Banks and other stakeholders, wherein 214685 loans under “Shishu” were sanctioned amounting to ` 523 cr.

He also informed that as per the directions of DFS: MoF: GoI, SLBC has mapped the existing 144 Govt ITIs with the FLCs for the purpose of imparting financial literacy / skill development training. Further, he said that all the LDMs / Banks have observed 6th Nov. 2015 as ITI Day and have sanctioned 1096 loans under MUDRA amounting to ` 7.55 cr, as

per the advice of DFS. 2.2 : Electronic Benefit Transfer Scheme (EBT) in Dharwad district

- Representation of Axis Bank regarding withdrawal from the project in Dharwad District

EBT scheme is under implementation in 7 Districts on a pilot basis under “One District-Many Banks” Model in 4 Districts and under “One District-One Bank” Model in 3 Districts.

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Axis Bank, which is implementing EBT in Dharwad District under “One District-One Bank” had made a representation regarding its withdrawal from EBT project in the district. In this connection, the DSSP, GoK had convened a meeting on 15.7.2015 of Executives from Finance Dept : GoK, SLBC, Axis Bank, the LDM of Dharwad, Vijaya Bank (Lead Bank in Dharwad District) to discuss on the issue and take an appropriate decision in the matter. In the said meeting, it was decided as under:

Upon request, Vijaya Bank agreed to coordinate the project as they are the lead bank in the District, on “One District-Many Banks” model under service area concept.

Axis Bank to share all the existing data-base of SSP beneficiaries to the LDCM / Vijaya Bank so that they can go ahead with the sharing of data to the respective service area Banks.

Axis Bank to continue pension payment to the beneficiaries in 3 Taluks, which are under Smartcard project, without any inconvenience until the process of handing over to concerned Banks is completed.

The LDM, Dharwad to make arrangements for opening new a/cs of beneficiaries based on the data base shared by Axis Bank and send the details to DSSP for verification and doing the needful. As on date, 83,689 active beneficiaries have accounts with Axis Bank as per DSSP portal. It was decided to fix a time frame of 3 months or the completion of the process, whichever is later.

Subsequently, on 16.12.2015 a meeting was convened to review the progress on taking over EBT implementation from Axis Banks to other Banks under the chairmanship of Director, DSSP, GoK with all the stakeholders.

In the meeting it was observed that the project is delayed due to inordinate delay in sharing the data by Axis Bank. After deliberations, it was resolved as follows:

- Axis Bank to share the data of beneficiaries with all required details by 25.12.2015. - The Officials /BCAs of Axis Bank, Village Accountant shall cooperate in identifying the beneficiaries while opening new accounts. - All the beneficiaries’ accounts are to be opened by 31.03.2016 to enable to roll out the project from One-District one Bank model to One District many Bank model wef 1.4.2016. - LDM, Dharwad to submit weekly progress report to DSSP,GOK

The Addl. Secretary, Finance (FR), GoK pointed out that in the meeting held on 16.12.2015 at the office of Directorate of Social Security Pensions, GoK it has been given to understand that some Banks expressed their reluctance to appoint BCs in Sub-Service Areas, where Brick & Mortar Branches are already existing. As per the MoU executed between Govt of Karnataka and EBT implementing Banks, the pension is required to be disbursed at the door step of the pensioners with the help of BC using the ICT technology. Banks shall clearly understand that as per the MoU, wherever required, BC need to be appointed in terms of MoU between the Banks & GoK.

(Action : Axis Bank / LDM, Dharwad / Banks)

AGENDA 3.0: PROVIDING RELIEF MEASURES TO THE DISTRESS FARMERS AND

FARMERS’ SUICIDE INCIDENCES IN THE STATE

The Convenor-SLBC informed the House the various steps have been taken by the SLBC, LDCMs, Govt of Karnataka, Line Departments and religious leaders to handhold the farming community. He appealed to all Banks / LDMs to continue the efforts.

He informed the House that the Banks have restructured / rescheduled 15301 Agricultural Term Loan a/cs involving ` 253.88 cr; converted 31,057 Crop Loan / Kisan Credit Card a/cs into Term Loan involving ` 400.66 cr; and provided 12,042 fresh Crop Loan / Kisan Credit

Card to the extent of ` 180.25 cr and fresh agricultural term loans of 12183 a/cs involving `

165.74 cr. as a relief measure extended in drought affected areas.

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Sri Vivek Deep, General Manager, RBI informed that the pilot project “SAVE THE FARMER” was launched at Tumkur district with the objective of helping out the farmers in distress. The scheme has got great potential to help the farmers in distress and hence he requested the officials from the Govt department & Banks from other districts also to follow the project to help out the farmers in their districts.

AGENDA 3.1 : STATUS OF THE NEGOTIABLE WAREHOUSE RECEIPTS (NWRs)

As per the quarterly data received on the status of the NWRs, so far 1501 Loans have been disbursed amounting to ` 18.90 cr., and the outstanding is 6427 a/cs amounting to ` 223.25 cr as on 30.9.2015 under the scheme. The Bank-wise/District-wise position was presented to the House. All the Banks / LDMs were requested to accord priority to accelerate lending under the scheme. Further, the LDMs were advised to review the progress in the DCC / DLRC meetings as an agenda item regularly.

(Action : Banks / LDMs)

AGENDA 4.0: IMPLEMENTATION OF BHOOMI-BANK INTEGRATION: The Banks have carried out 2,75,142 online transactions under Bhoomi Project as on 4.12.2015 since inception. The Revenue Dept, GoK, has informed that noting of lien in ROR and EC simultaneously is not possible due to limitation of technology under Bhoomi-Bank Project. Bank wise details were furnished to the House. Remittance of Mutation Charges by Banks to Revenue Dept. GoK It is informed by the Dept of Revenue, Bhoomi Monitoring Cell, Govt of Karnataka vide their letter No.RD.100.MRR.201 dated 26.11.2015 that the pledge and release mutation transactions have been initiated by Banks after the State-wise implementation of Bhoomi-Bank Integration in 2011-12. It was informed at the time of launching of Bhoomi-Bank Integration to collect mutation charges of ` 35/- per transaction, while no clear directions

were issued on where to remit the collected amount since it was planned to integrate payment gateway with Bhoomi. The proceedings of the meeting to this effect was also circulated by SLBC vide letter ref:418/2944/SLBC/F-485 dated 4.10.2011. Now, the Dept has decided to remit the collected amount from various Banks till 31.10.2015 to the respective Dy. Commissioner’s PD account as a onetime measure and thereafter to remit as and when the amount is collected. The Dept has also requested SLBC to communicate their decision to all the Banks and advise them for remitting the amount collected as mutation charges to the a/cs of respective Dy. Commissioners. Accordingly, SLBC has communicated the same to all the Banks vide letter No.736 dated 1.12.2015 by providing the list of Bank/Branch-wise amount to be remitted to the Dept., by Banks as well as a/c of concerned Dy. Commissioners. All the Banks were requested to remit the mutation charges as demanded by the Dept.

(Action : Banks)

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AGENDA 5.0: INTEREST SUBSIDY SCHEME ON CROP LOANS TO FARMERS UPTO ` 100000/- THROUGH PSBs/RRB

The Interest subsidy claims in respect of 65,301 farmers to the tune of ` 3.59 cr has been submitted to Dept of Agriculture up to September 2015. The amount settled during the FY is ` 1.94 cr involving 44,479 farmers. The claims to the extent of ` 11.92 cr involving 3,01,749 farmers are pending with the Dept. All the Banks were requested to lodge claims under the scheme to SLBC for doing the needful. The Dept of Agriculture was requested to clear the pendency at the earliest. In response to this the Secretary, Dept of Agriculture, GoK informed that the Finance Dept, GoK, has advised them to follow the procedures adopted by the Dept of Cooperation in disposal of interest subvention claims. Hence, there is delay in disposing of the pending claims. He further said the Dept has released the claims pertaining to 2014-15 and the rest will be released by adopting the new procedure.

(Action : Dept of Agri)

AGENDA 6 .0: WEAVERS CREDIT CARD UNDER THE COMPREHENSIVE FINANCIAL PACKAGE:

As per GoI instructions Banks are required to issue Weavers Credit Card (WCC) to the eligible farmers who are availing working capital limit. Ministry of Textiles, GoI has allocated State-wise targets of WCC for the financial year 2015-16, and the target for WCCs for Govt. of Karnataka is 8000. The Dept of Textiles & Handlooms, GoK has allocated the District-wise targets and communicated to all the Districts.

As against the target of 8000 cards, the Banks have issued 476 Cards with a limit of ` 181.00 lakhs as on 30.9.2015, leaving a big gap.

The Commissioner, Dept. of Textiles informed that they have conducted 10 camps across the State and could mobilise 1413 applications for the current year. Further, he informed that 11645 applications are pending with banks which includes the 10232 applications of the previous year. Reacting to this, the Convenor-SLBC sought the reason for not furnishing the said information when the district wise/bank wise progress was called for from the Dept. to take up the issues in the meeting held for review of performance under Govt. sponsored schemes . However, the Dept was requested to furnish the District- wise/Bank-wise pendency details for taking up review.

(Action : Dept of Textiles, GoK)

AGENDA 7.0: SETTING UP OF KARNATAKA FARMERS’ RESOURCE CENTRE [KFRC] AT BAGALKOT

The KFRC has conducted 72 training programmes involving 47015 participants during the current fiscal 2015-2016 up to 30.11.2015. The cumulative works out to 464 programmes and 33600 participants since inception.

Problems faced by KFRC in construction of new Campus Building

The Convenor-SLBC informed that the issue was discussed in the previous meeting and the Chief Secretary, GoK had assured to look into the matter. The KFRC has also taken up the matter with the Hon’ble Chief Minister of Karnataka vide letter No.KFRC/BGK/64/2015-16 dated 19.9.2015 seeking his intervention in resolving the issue. The House deliberated on the subject. The ACS & DC, GoK assured to look into the matter.

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AGENDA 8.0: REPORT OF THE HIGH LEVEL COMMITTEE TO REVIEW LEAD

BANK SCHEME - IMPLEMENTATION OF THE RECOMMENDATIONS

RBI had advised SLBC to implement the recommendations of the High Level Committee on Lead Bank Scheme. In compliance, 1) SLBC, Karnataka has launched its website. SLBC has hosted in their website the salient features of various Govt. sponsored schemes, both Central and State which are in operation in Karnataka.

2) SLBC has advised Lead banks/Commercial Banks and LDMs to take appropriate steps for implementing the recommendations pertaining to them.

3) Formation of Sub-Committees: Presently, the following 6 Sub-Committees are functioning.

a) Sub-Committee on Agriculture & Allied Activities b) Sub-Committee on MSME c) Sub-committee on Retail Loans d) Sub-Committee on Weaker Section Advances e) Sub-Committee on Recovery & Rehabilitation & Other Measures f) Sub-Committee on SHG-Bank Linkage & R-SETIs

The meetings on (a) Sub-Committee on SHG Bank Linkage & R-SETIs held on 29.9.2015 (Annexure-J1), (b) Sub-Committee on Retail Loans held on 6.10.2015 (Annexure-J2), (c) Sub-Committee on Recovery & Rehabilitation & Other Measures held on 1.12.2015 (Annexure-J3) have been convened and the minutes are furnished in Annexures as indicated. The Convenors of other Sub-Committees were requested to convene the meetings at the earliest and submit the proceedings.

(Action : Convenors of SLBC Sub-Committees)

AGENDA 9.0: SCHEME FOR IMPROVING PRODUCTIVITY AND FARM INCOME OF ARECANUT BASED FARMING SYSTEM IN KARNATAKA Ministry of Finance, Department of Financial Services, Government of India had vide their letter No.F.10/ 03/ 2010-AC dated 13th January 2012 advised NABARD to implement the relief measures to be given to the Areca growers as per the recommendations of Dr. Gorak Singh Committee Report with certain modifications. As such, the scheme is being implemented by all the Banks. As per the information gathered as on 30.9.2015, 68133 term loans were rescheduled involving ` 384.40 cr. The amount of penal interest waived was ` 11.64 cr. As many as

9262 crop loan accounts with an aggregate amount of ` 84.76 cr were converted into term loans. 7481 fresh loans were issued involving an amount of ` 88.50 cr.

(Action : Banks)

AGENDA 9.1 FOLLOW-UP ACTION ON THE DECISIONS TAKEN DURING THE PREVIOUS SLBC MEETING

Action Points Action Taken

Banks in association with District Administration & Line departments to continue organizing counseling camps and provide relief measures to distressed farmers in the affected areas.

LDMs / Banks have conducted so far 76 camps for counseling for distressed farmers in association with District administration / NABARD / RBI.

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Banks to extend relief measures in tune with RBI guidelines in all the 136 drought affected Taluks as declared by Govt of Karnataka.

Banks have restructured / rescheduled 13113 Agricultural Term Loan a/cs involving ` 199.72 cr; converted 36,647 Crop Loan /

Kisan Credit Card a/cs into Term Loan involving ` 393.17 cr; and provided 10,368

fresh Crop Loan / Kisan Credit Card to the extent of ` 160.98 cr and fresh agricultural

term loans of 3890 a/cs involving ` 24.69 cr. as a relief measure extended in drought affected areas.

The Banks which are registered as Non-State Registrars and also the Banks having lead bank responsibilities to increase deployment of Kits to facilitate speedy Aadhaar enrolment.

SLBC has reminded the Banks involved to take steps to deploy Aadhaar kits to facilitate speedy enrolment vide letter No.716 dated 25.11.2015. But, a few Banks have represented that no service provider is coming forward to deploy kits in view of (a) non-viability (b) identification of persons yet to enroll.

As suggested by the Hon’ble Chief Minister, the SLBC to convene the meeting of Line Departments & the implementing Banks to sort out issues in implementation of Govt sponsoring schemes and clearing pending applications in about 15 days.

The meeting of Line Departments and the Banks was convened on 13.10.2015 under the Chairmanship of ACS & DC, GoK and advised all the stakeholders to initiate immediate steps to clear all pending applications under Govt sponsored schemes.

It was resolved to have a permanent mechanism to address the issues related to implementation of Govt sponsored schemes by Banks. All the implementing departments to take up the issues pertaining to Banks in implementation of the scheme with SLBC before 15th of every month. The SLBC in turn shall refer the matter to concerned Banks for redressal and reply to the concerned department before 25th of the month. Likewise, the implementing Banks / LDM, if they have any issues with any department, may take up with SLBC for resolution and only the policy issues shall be taken up in regular SLBC meetings. The SLBC Sub-Committee on Weaker Section Advances, which looks into the issues of the Govt Sponsored Schemes may meet once in a month to sort out the issues in implementation of Govt sponsored schemes.

SLBC has communicated the decision to all the Banks / Line Departments vide letter No.585 dt 19.9.2015.

As a part of relief measure to the affected growers of Pomegranate & Grapes, Banks have decided to waive penal and compound interest provided the affected farmers repay the remaining balance in the account. As advised by the Hon’ble Minister for Law & Parliamentary Affairs, GoK, the Pr. Sec., Horticulture to issue Govt Order to this effect so that all the affected farmers are made aware of this offer and avail the benefit.

The Pr. Secretary, Horticulture Dept has been requested to inform the action taken on the decision taken by SLBC vide letter No.717 dated 25.11.2015.

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The ACS & DC, GoK advised the GM, Vijaya Bank and the Commissioner, DCE to sit together and sort out the issues coming in the way of sanctioning the interest subsidy under Rajiv Gandhi Loan Scholarship scheme.

The Commissioner, DCE & Convenor-SLBC Sub-Committee on Retail Loans had a meeting in this regard on 18.11.2015 and discussed the issues coming in the way of sanctioning the Interest subsidy under the scheme. It was informed by the Dept that Interest Subsidy cannot be claimed for the financial year 2013-14 as the GO for the scheme was passed only on 5.2.2014. Banks can claim for those a/cs sanctioned after the date of GO, i.e., 5.2.2014.

AGENDA 9.2 : START-UP INDIA PROGRAMME LAUNCHED

BY HON’BLE PRIME MINISTER

The Reserve Bank of India vide their letter ref No.FIDD.MSME&NFS/06.02.31/2015-16 dated 19.10.2015 has informed that the Hon’ble Prime Minister in his address to Nation on Independence Day had launched “START-UP INDIA” Programme which envisages to disburse loans by all the 1.25 lakh Bank Branches in the country for start-ups to the tribals in the locality where there is any tribal habitation and where there is no tribal habitation, the branch can provide the loans to a dalit or a tribal, give financial support to them and thus 1.25 lakhs dalit entrepreneurs to come up. Banks to give them new dimensions to start up and secondly these 1.25 lakh branches can formulate a special scheme for women entrepreneurs. In view of the above, all the Banks were requested to take note of the directions of RBI in implementing the above programme by disbursing loans for start-ups to the tribal / dalit / women entrepreneurs through bank branches in alignment with and complementary to existing RBI instructions to increase credit flow to the Micro sector and Priority Sector Lending guidelines. Further, Banks were requested to report compliance on the above directions to SLBC covering the loans disbursed to tribal / dalit / women entrepreneurs.

(Action : Banks)

AGENDA 9.5 : SUGGESTIONS EMANATED FROM THE LDMs CONFERENCE HELD ON 4.11.2015

A Conference of LDMs was convened on 4.11.2015, wherein apart from other issues, the following suggestions were made by LDMs for smooth implementation of Lead Bank system. In order to get the entire data from the Banks, it is suggested to strengthen the Feedback

Statement and Banks are requested to furnish the properly drawn data. Some of the Banks and Line Departments are not attending the BLBC / DCC meetings

regularly, especially Private Sector Banks, thereby affecting the review of developmental activities.

All the Banks / Line Departments were advised to take note of the above suggestions and take immediate remedial steps by advising their Branches / officials concerned.

(Action : Banks / Line Depts)

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AGENDA 9.6 : CONTRIBUTION TOWARDS FUND FOR PUBLIC AWARENESS CAMPAIGN

The Chief Secretary GoK vide their letter no CS 653 CHS 2015 dated 3.10.2015 has informed that as a part of public awareness for protecting investors falling into the trap of unauthorized agencies who mobilize deposits by offering attractive returns, it has been decided in the State Level Coordination Committee (SLCC) that advertisements prepared in the vernacular be displayed on BMTC / KSRTC Buses and in Bus shelters across the State. The approximate budget for a period of 3 months for advertising on buses would be ` 50 lakhs and for the bus shelters ` 50 lakhs. Consequently, the financial support of Banks is solicited for an amount of ` 1 crore. The SLCC is chaired by the CS : GoK and RD : RBI

as the Convenor.

The financial literacy is critical for protecting investors falling into the trap of unauthorized agencies who mobilize deposits by offering attractive returns. This encompasses providing basic financial education to investors through types of advertisements cautioning the general public of such illicit schemes in various media.

While the advertisement material would be provided by the RBI, the SLBC will coordinate with all the Banks to support the public awareness. The SLCC has sought the co-operation of all the major Banks in this advertisement campaign through financial assistance as part of CSR activity by sharing the total cost of ` 1 crore. The cost to be shared equally among the

Major Banks having larger exposure in the State. There are totally 15 banks including RRBs having more than 100 branches in the state and the cost to be shared among these 15 banks. Accordingly, the share of each Major Bank comes to ` 6.80 lacs. SLBC vide their letter No.673 dated 21.10.2015 has requested the following Banks to contribute their share of cost.

Canara Bank, Corporation Bank, State Bank of Hyderabad, State Bank of India, State Bank of Mysore, Syndicate Bank, Vijaya Bank, Bank of Baroda, Bank of India, Central Bank of India, Indian Overseas Bank, Union Bank of India, Karnataka Vikas Gramin Bank, Kaveri Gramin Bank & Pragathi Krishna Gramin Bank.

In this regard, SLBC has received the contribution from Syndicate Bank on 4.12.2015 towards their share.

All the remaining Banks were requested to make arrangements for remitting the amount at the earliest.

(Action : All the above referred Banks)

AGENDA 9.7 : SOLAR ROOFTOP PHOTO VOLTAIC (SRTPV) PROJECTS – TRIPARTITE AGREEMENT FOR SRTPV PROJECTS WITH BESCOM

The DGM, BESCOM explained in detail the scheme guidelines and also on the Tripartite agreement to be entered into by the stakeholders. The House after deliberations resolved to honour the tripartite agreement and encourage financing for Roof top photovoltaic systems.

(Action : Banks)

AGENDA 9.8 : PROMOTION OF FARMER PRODUCER ORGANISATIONS

Sri Arun Jaitely, the Hon’ble Finance Minister in his Budget speech had said as follows:

“the issue of profitability of small holding based agriculture has assumed importance in view of increasing proportion of small and marginal farmers in the country. I propose to supplement NABARD’s Producers’ Organisation development fund for Producer’s development and upliftment called PRODUCE with a sum of ` 200 cr which will be utilised

for building 2000 producers organisations across the country over the next two years.”

12

The promotion of sustainable producers organisations involves comprehensive process including observing the legal formalities, developing sound organisational structure and effective capacity building. To achieve this, there is need for proper understanding of the basic concept of producers organisation, key design variables, legal formalities, social capital building, process management, etc.

The NABARD, Karnataka Regional Office being the coordinator of this scheme had convened the first State Level Consultative Committee Meeting on 7.12.2015. During the meeting, it has been spelt out that there are 150 promoting agencies of Farmers Promotion Organisations (FPOs) in the State, which are badly in need of finance assistance. Hence, NABARD has sought the support of all departments of Govt of Karnataka and all the Banks to extend needed support to these FPOs for successful implementation of the scheme to enable us to mitigate at least problems of SF / MF of the State.

All the Banks were requested to take note of the above and formulate policies for extending finance to the promoting agencies.

(Action : Banks)

AGENDA 10.0 : REVIEW OF BANKING STATISTICS AS OF SEPTEMBER 2015

The Bank-wise position as of September 2015 was presented to the House in respect of Branch Net Work, Deposits, Advances and CD ratio.

Branch Network:

As at the end of Sep. 2015, the total number of bank branches in the State was 10184, out of which, Commercial Banks-7560, RRBs-1699, KSCARD Bank-201, DCC Bank-692 and KSFC- 32 Branches.

ATMs : There are 14244 ATMs in the State, out of which, 2314 are in rural, 2672 are in S. Urban, 3376 are in Urban and 5882 are in Metro areas.

Deposits:

The aggregate deposits of Banks was ` 643929 cr as at the end of September 2015, when compared to the level of ` 561007 cr as on September 2014, registering an increase of

` 82922 cr showing a growth rate of 14.78%.

Advances:

The total outstanding Advances of Banks was ` 470179 cr as at the end of September 2015

as compared to the level of ` 416627 crore as at September 2014, registering an increase of ` 53552 crore showing a growth rate of 12.85%.

Credit-Deposit Ratio:

The Credit Deposit Ratio as of September 2015 was 73.02% vis-à-vis 74.26% as of September 2014 showing a decline of 1.24%. The CD ratio was at 97% in Rural areas, 84% in Semi-Urban, 71% in Urban and 68% in Metro areas.

Further analysis indicates that some banks with good presence are having CD Ratio below the bench mark level of 60%. [Central Bank of India – 59%, Indian Bank – 54%, Indian Overseas Bank – 59%, HDFC Bank – 59%, Karnataka Bank - 45%, Kotak Mahindra Bank – 59%]. Banks which are having CD Ratio below 60% need to take necessary steps immediately to increase flow of credit to productive sectors of the economy.

Banks were requested to improve their CD Ratio by accelerating lending to various sectors, having good potential for credit deployment in the State and contribute towards overall economic development.

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Priority Sector Advances: The outstanding level of total priority sector advances of Banks stood at ` 202668 cr as of September 2015 as against ` 169764 cr as at September 2014 showing an increase of

` 32904 cr recording a growth of 19.38%. The percentage of priority sector advances of Banks works out to 43.10%, above the Benchmark level of 40% stipulated by RBI. The total agricultural advances as at September 2015 were to the tune of ` 95793 cr constituting 20.37% of the total advances of Banks against mandatory level of 18%. The outstanding Advances to Weaker Sections by Banks was ` 63680 cr constituting 13.54% of the total Advances with an increase of ` 4542 cr over the corresponding previous

year level. The outstanding advances to Small & Marginal farmers was to the tune of ` 54167 cr covering about 57.08 lakh accounts, constituting 56.54% of the total Agriculture

credit. The outstanding advances to SCs/STs were ` 11646 cr constituting 2.48% of the total

advances. The position of Priority Sector and Weaker Section Advances as at September 2015 was presented to the House.

AGENDA 10.1: COVERAGE UNDER CREDIT GUARANTEE SCHEME OF CREDIT GUARANTEE FUND TRUST FOR MICRO & SMALL ENTERPRISES [CGTMSE] –

Under guarantee scheme of CGTMSE, Banks have covered 10292 units with an approved amount of ` 571.36 cr during the QE September 2015 and the cumulative progress was 174675 units amounting to ` 9037.64 crore [Source: Credit Guarantee Fund Trust for Micro

& Small Enterprises]. AGENDA 11. 0: IMPLEMENTATION OF ANNUAL CREDIT PLAN (2015-16) The progress in disbursement under Annual Credit Plan for the quarter ended Sep. 2015 Sector-wise & Agency-wise and the Bank-wise progress under Crop Loan/ KCC were furnished to the House.

(` in Crore)

Sector

Agency-wise Disbursement

%

Ach. Comm. Banks RRBs

Coop. Banks

& Others Total

Target Ach. Target Ach. Target Ach. Target Ach.

Agri & Allied-Total

39111 23913 11335 5074 12174 5238 62620 34225 54.66

MSE 15617 14175 1026 906 1462 169 18105 15250 84.23

Education 2663 634 230 37 96 0 2989 671 22.45

Housing 13530 2025 588 184 341 0 14459 2209 15.28

Others 10929 2205 1907 464 1451 0 14287 2669 18.68

Total PSA 81850 42952 15086 6665 15524 5407 112460 55024 48.93

Crop Loan / KCC

25452 5959 6136 3885 10012 5047 41600 14891 35.80

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The Secretary, Dept of Agriculture observed that progress under Priority Sector lending and Crop loans in particular are very poor as the season for major share of disbursements is already over. He requested the Banks to extend crop loans more. The ACS & DC, GoK made a note that the per farmer disbursement under Crop Loan is very low and advised the Banks to extend Crop loans to the farmers who are affected by drought by restructuring / rescheduling the loans. In response, the Convenor-SLBC informed that though the Banks are eager to help out the farmers by restructuring / rescheduling, they are not coming forward to avail the benefits where they are need put their request in writing. Representatives from some Banks opined that the other reason for farmers not coming forward is that the farmers are under the presumption that they may be deprived of the Govt benefits, if the account is rescheduled / restructured. The Convenor-SLBC suggested the Govt of Karnataka to give assurance for extending such benefits to the farmers so that they can come forward for availing reschedulement / restructure extended by Banks. Reacting to this, the ACS & DC assured to take up the issue with the Hon’ble Chief Minister for decision.

(Action : GoK / Dept of Agri)

KRISHI BHAGYA The Addl. Director, Dept of Horticulture, GoK informed that the Banks are insisting for collateral for the entire Polyhouse project cost of Rs 40 lacs instead of loan component of Rs 20 lacs, where the Govt is providing Rs 20 lacs as subsidy under Krishi Bhagya scheme. In response, the CGM : NABARD suggested for providing subsidy in advance as provided by NABARD in Solar project so that the Banks can consider the proposals by taking collateral for loan component only. The ACS & DC, GoK and the Secretary, Dept of Agriculture opined that it has come to their knowledge that some Banks are adjusting the subsidy amounts to some other liabilities of the beneficiaries and hence they are wary to release the subsidy in advance. In response, the Convenor-SLBC requested them to provide the specific cases to them so that the issue can be resolved.

(Action : Dept of Horticulture)

FIXATION OF SCALE OF FINANCE FOR CROP LOANS

SLBC has been receiving series of complaints with regard to fixation of scale of finance for crop loans and Co-op. Banks being the leader of technical committee is not fixing realistic scale of finance in view of paucity of funds, which is leading to under financing and not fulfilling the entire cultivation cost by the farmers. Further, this is not only causing financial stress to the farmers and also affecting the accomplishment of targets under Agriculture sector. Hence, there is a need to re-fix the realistic scale of finance in the District level technical committee to avoid under financing. The matter also came up for discussion during the Conference of LDMs held on 4.11.2015.

The Secretary, Dept of Agriculture suggested to incorporate the suggestions given by Price Commission involving the experts of University of Agricultural Sciences and other experts in the field while fixing the scale of finance for crops. The ACS & DC, GoK informed that the information given by Price Commission can be taken as a input only but not as a deciding factor. She advised the NABARD to work out scale of finance for the crops with a range as an indicator for District level Technical Committee, DDM:NABARD and LDMs of the District shall take leading role for finalization of the scale of finance for the crops.

(Action : NABARD/LDMs)

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MNAIS FOR RABI AND SUMMER CROPS The Secretary, Dept of Agriculture informed that notification on MNAIS for Rabi & Summer have been issued in the month of November itself. He sought for maximum enrolment both loanee and non-loanee farmers. The ACS & DC, GoK advised the Banks and Agri Dept to run a campaign for mobilizing more number of non-loanee farmers in particular as the coverage of loanee farmers is mandatory. The representative from Horticulture Dept requested the bankers to honour the orders where horticulture crops are covered under MNAIS rather than WBCIS during Rabi and Summer seasons. The Convenor-SLBC informed that SLBC has already circulated the guidelines provided by the Dept. among all Banks and LDMs.

The GM, KVGB raised the issue of non-settlement of claims under insurance in Kundgol Taluk of Dharwad District, where the Taluka officials are not cooperating with Banks in resolving the issues. He requested the ACS & DC to advise the concerned to extend their cooperation.

(Action : Banks / Dept of Agri) Special Package for Pomegranate & Grape Growers The Convenor-SLBC informed that all the Banks have agreed to waive the overdue and penal interest subject to the condition that remaining balance is paid by the farmers as resolved during the 128th SLBC Meeting, which was graced by Sri T.B. Jayachandra, Hon’ble Minister for Law & Parliamentary Affairs, GoK. The Convenor-SLBC informed that the special package is still open and the affected Pomegranate & Grape Growers can avail the benefit. Credit Flow to Micro & Small Enterprises [MSE] – September 2015

As per the guidelines issued by GoI/RBI, the Banks have taken steps for increasing the flow of credit to Micro & Small Enterprises. The outstanding level of credit to Micro & Small Enterprises stood at ` 59416 cr as at September 2015. The percentage of advances to Micro & Small Enterprises was at the order of 12.64% to the total advances.

EDUCATION LOANS:

With an objective of providing financial support to deserving and meritorious students to pursue higher studies, Banks have formulated Education Loan scheme as per IBA guidelines. As at September 2015, the outstanding level of education loans stood at ` 5128 cr covering 230657 a/cs. Banks have disbursed loans to 61326 students amounting

to ` 671.21 cr up to the end of Sep. 2015.

HOUSING LOANS AND REVERSE MORTGAGE LOAN SCHEME:

The Banks have been financing for construction of houses under different schemes to encourage housing sector and to increase the availability of residential houses to the needy people. The outstanding level of advances under Housing as at September 2015 stood at ` 29210 cr covering 415998 accounts. During 2015-16, the Banks have disbursed

` 2208.98 cr involving 52424 accounts.

Public Sector Banks have formulated Reverse Mortgage Loan Scheme for the benefit of the Senior Citizens. The Banks assisted 4124 persons with a loan amount of ` 377.22 cr as at Sep. 2015.

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Under Golden Jubilee Rural Housing Scheme (GJRHS), Banks have disbursed 2148 loans with credit limit of ` 122.46 crore up to Sep. 2015. The outstanding level was ` 239.73 crore

spread over 22905 a/cs.

Under RRY, the outstanding was 1872 a/cs involving ` 16.80 cr. Under EWS and LIG

categories, 1847 and 2317 loans with loan amount of ` 2.52 cr & ` 61.51 cr have been disbursed, respectively and the outstanding amount was ` 4754.59 cr (29442 a/cs) &

` 1549.34 cr (76349 a/cs), respectively. Under DRI loans the outstanding balance as on Sep. 2015 was ` 140.50 cr (2830 a/cs).

HOUSING FOR ALL – 2022 – CREDIT LINKED SUBSIDY SCHEME

MoHUPA’s vide letter F. No.I-11016/06/2014-PPG/FTS -11733, dated 25.06.2015, has informed that the schemes RAY/RRY were discontinued and new Mission for “Housing for All – 2022”, for urban areas, with comprehensive scope has been launched. GoI introduced 4 components; Credit Linked Subsidy Scheme is one of them. The guidelines have been circulated to all the stakeholders vide our Agenda Notes of the present meeting. The targets under the scheme are yet to be communicated from the implementing agency. As the year ending is fast approaching, the DMA to inform the targets. All the stakeholders were requested to take note of the above and accord priority for its implementation.

(Action : DMA) AGENDA 12.0: CENTRAL AND STATE SPONSORED SCHEMES

12.1: RAJIV GANDHI LOAN SCHOLARSHIP SCHEME (RGLSS):

The representative from Dept of Collegiate Education (DCE) informed that they have sponsored totally 1358 applications to various Bank Branches. Out of which, 181 applications have been sanctioned and 1177 applications are reported to be pending with the Banks. As per the data collected by SLBC, applications received are 683, out of which 195 have been sanctioned, 78 were rejected and 410 are under process. The ACS & DC, GoK advised the Dept to reconcile the data within a week. The suggestions emanated in the LDMs Conference held on 4.11.2015 were presented to the House and advised Vijaya Bank, the Convenor-SLBC Sub-committee for taking up in the ensuing SLBC Sub-Committee to examine the suggestions for its adoption. The representative from Vijaya Bank informed that they have placed the suggestions emanated in the LDMs Conference held on 4.11.2015 in SLBC Sub-Committee on Retail Loans held on 9.12.2015 and the Committee has resolved to adopt the following important issues while implementing the scheme. a) The DCE to link the website of member banks to the Department’s website for easy

accessibility to information and also to track and clear pending applications. b) The DCE to make list of aided colleges and aided courses available to the member

banks at the beginning of the academic year. c) The Vijaya Bank, the Nodal Bank, to develop a portal for claiming the interest subsidy

under RGLSS. d) With regard to change of nomenclature of the scheme from “Rajiv Gandhi Loan

Scholarship Scheme” to “Rajiv Gandhi Education Loan Scheme” of Govt of Karnataka. The DCE to take up the matter with appropriate authority.

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e) With regard to eligibility under interest subsidy for both Under Graduate as well as Post-Graduate courses separately, it is clarified by the DCE that the student is eligible for interest subsidy either for UG or PG course.

f) The DCE to appoint Joint Directors & Spl. Officers as Nodal officers to attend the DCC/DLRC meetings to review the progress under the scheme.

(Action : DCE / Vijaya Bank / Banks)

12.2: CHIEF MINISTER’S EMPLOYMENT GENERATION PROGRAMME (CMEGP)

The Addl. Director (Vishwa), Dept of Industries & Commerce, GoK informed that the Dept. proposes to extend the benefit for 2000 unemployed youth during 2015-16. Further, he said that they have received 8703 applications and they will be able to sponsor those applications by 10th Jan. 2016 to the Banks after scrutiny by task force. He requested the Bankers to extend their cooperation in achieving the set targets before March 2016. The District-wise targets under DIC & KVIB for 2015-16 were presented to the House.

(Action : DIC / Banks)

12.3: PRIME MINISTER EMPLOYMENT GENERATION PROGRAMME [PMEGP]

The Addl. Director (Vishwa), Dept of Industries & Commerce, GoK informed that the GoI has revised the targets only during Nov. 2015 and applications are being received and selection of candidates is under process. He requested the Bankers to extend their cooperation in achieving the set targets before March 2016. Further, he requested the Nodal Banks to advise their Branches to release the pending subsidy, if any and submit Utilisation Certificate to KVIC.

(Action : DIC / Banks) 12.4: NATIONAL RURAL LIVELIHOOD MISSION (NRLM): The Mission Director, NRLM informed that the average quantum of loan extended to overall SHG groups works out is Rs 2.47 lakhs as against the target of Rs 2.75 lakhs. Further, he informed that the average credit lending for the current year works out to 1.53 lakhs per group. Of which, the average lending by Commercial Banks is Rs 1.83 lakh; RRBs is Rs 1.34 lakh and Coop. Banks is 0.87 lakhs. Though the interest is subvented at 5.5% by NRLM to arrive at effective rate of interest at 7%, the ACS & DC, GoK suggested the Banks to have a uniform rate of interest to SHGs as it is a Govt of India scheme. Further, the ACS & DC advised the Banks & NRLM to reconcile the data pertaining to the scheme. The LDM, Raichur informed that the targets allocated to the individuals is on the higher side and requested to convert them into JLGs as done in the previous year. The Director, KSRLPS informed that based on the local needs the issue can be modified. The ACS & DC advised the Mission Director, NRLM to issue clarifications in this regard to all the implementing agencies.

(Action : KSRLPS / Banks) RAJEEV GANDHI CHAITANYA SCHEME The KSRLPS has allocated a target of 98884 loans for 2015-16 under the scheme. It has sponsored 70105 applications against which, 43023 applications have been sanctioned, 13349 applications rejected and 13,733 applications are pending with Banks.

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The Mission Director informed that KVGB has entered into MoU for sanction of 30,000 applications for the year. Like wise, he requested PKGB & KGB also to enter into MoU for smooth implementation of the scheme. Further, he informed that as per the data collected from the website, 70,170 SHGs have been subvented with interest subvention under Category I, (comprising of Gadag, Mysore, Koppal & Tumkur Districts), and 2.75 lakh SHGs under Category II.

(Action : Banks) 12.5: NATIONAL URBAN LIVELIHOOD MISSION (NULM)

& STATE URBAN LIVELIHOOD MISSION (SULM)

The Convenor-SLBC informed that as per the information collected from the Banks, under NULM (Individuals) 2,106 applications have been sanctioned as against the target of 6,116 and 4308 applications are pending; under NULM(Group) 29 sanctioned as against the target of 159 and 72 are pending. Under SULM (Individuals), 1,528 loans have been sanctioned as against the target of 3,182 and 5,567 are pending, under SULM (Groups), 135 loans sanctioned as against the target of 357 and 289 are pending. The ACS & DC, GoK advised the Director, DMA to reconcile the data as the progress shown by the Dept is low as compared to data provided in the agenda. The Director, DMA informed that the progress of Canara Bank, Corporation Bank, Karnataka Bank and some other Banks are not up to the expected levels. She further informed that during the programme year 2014-15 many banks have sanctioned loans under SEP-I and SEP-G, but she was given to understand that the banks have either not disbursed the loans or made only part disbursements and opined that such truncated disbursements will not help enterprises planned to be set up under self employment programme and will negate the very purpose of National Mission. Hence, she requested the Banks to dispose of the pending applications immediately and disburse the loans already sanctioned. The convenor SLBC informed that the departments are sponsoring applications disproportionate to the targets allotted causing pendency of more applications at the bank branches and suggested to sponsor only 125% of the allocated target. The house after deliberations accepted the suggestion.

The LDM, Yadgir informed that he was not getting the applications from the local bodies because of the local problems and hence he approached the CEO, Yadgir in this regard. He could get only 3 applications during second week of Dec. 2015 and the same have been forwarded to Banks for sanction. The LDM, Bengalur (U) informed that the beneficiaries are not showing interest in attending the training programme, which is mandatory and hence the progress under the scheme is poor. The ACS & DC, GoK advised the Banks to release the loans to only such beneficiaries who have undergone the required training.

The Director, DMA informed that the participation in the Govt sponsored schemes by the Private sector Banks in Chickballapur District was very poor. They are citing the reason that they have not received directions from their controlling offices.

On receipt of feedback from the LDMs and the concerned Line Departments, the ACS & DC, GoK advised the SLBC to take up the issue with the executives at higher level of private sector banks to issue suitable instructions to the grass root level offices to strictly participate in the Govt sponsored schemes and also to attend the BLBC /DLRC meetings to sort out the issues.

(Action : SLBC / DMA / Banks)

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12.6: SCHEMES OF Dr. B. R. AMBEDKAR DEVELOPMENT CORPORATION LTD

The Progress report as of Sep. 2015 under the Self Employment Programme (SEP & ISB schemes) was presented to the House.

[Amt. ` in lacs]

Sl No

Name of the Programme

Physical Target

Financial Target

Achievement for the end of September 2015

Subsidy from Corpn.

Physical Target

Financial

Subsidy Bank Loan

Total

a) Self-Employment Programme (SEP)

5429 1902.00 1707 579.61 1047.73 1627.34

b) I.S.B. Scheme 1071 2142.00 186 271.59 721.68 993.27

c) Dairy Scheme 995 506.00 1127 252.59 355.80 608.39

Total 7495 4550.00 3020 1103.79 2125.21 3229.00

The District-wise achievements were presented to the House. The Corporation was advised to furnish the Bank-wise achievements to facilitate to take up the review with individual Banks.

(Action : BRAD Corporation)

12.7: SCHEME OF KARNATAKA MAHARSHI VALMIKI SCHEDULED TRIBES

DEVELOPMENT CORPORATION LTD.

The Corporation is implementing 3 schemes, viz., Self-Employment Scheme, ISB Scheme and Self-Employment Dairy Scheme for the benefit of persons belonging to Scheduled Tribes.

The progress for Sep. 2015 is as follows.

(Amt ` in lacs)

The District-wise Progress was furnished to the House.

Allocation of Targets under Special package programme declared to Ballari Assembly Constituency (Rural) The Managing Director, Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Ltd. vide their letter No.3767 dated 3.11.2015 has informed that Govt of

Karnataka vide its Order No:ಸಕಇ 98 ಎಸ್ ಡಿ ಸಿ 2015 dtd.23.03.2015 has sanctioned Project

Name of the

scheme

Target for 2015-16 Progress as at 30.9.2015

Total No. of

Benefici

aries

Fin.

Target

(Subsidy)

Physical Subsidy Bank

loan

Self Employment 3115 1090.00 2526 774.38 1234.10 2008.48

ISB Scheme 500 1000.00 182 278.35 698.60 976.95

Self Employment-

Dairy Scheme 1500 750.00 0 0.00 0.00 0.00

TOTAL 5115 2840 2708 1052.73 1932.70 2985.43

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cost of ` 26.87 cr of which ` 22.65 cr is subsidy and ` 4.22 crore is loan for implementation

of various schemes in Bellary Assembly Constituency (Rural) under special package programme. The Corporation is implementing Self-Employment Programme (SEP) and Industries Service Business scheme in collaboration with Banks. Apart from the target already fixed in the Action plan 2015-16, under the declared special package programme, an additional physical target of 2012 under SEP and 223 under ISB Scheme is fixed for financial assistance.

SLBC has already allocated the above targets to the LDM : Ballari as requested by the Corporation. The same was approved. All the Banks were requested to take note of the above targets and advise their Branches for implementation.

The Convenor-SLBC requested the Dept to sponsor the applications under Self-Emp. Dairy Scheme immediately as the applications have not been sponsored so far.

(Action : LDM, Bellary / ST Dev. Corpn / Banks) 12.8 : SCHEME OF KARNATAKA MINORITIES DEVELOPMENT CORPORATION

The MD, KMDC informed the House that the Banks have sanctioned 2450 loan applications out of 6854 applications sponsored as of 18.12.2015. He informed that the performance in Yadgir District is very poor. Responding to this, the LDM, Yadgir informed that the Dept has sponsored the applications very recently and Banks could accord sanction for 27 applications. However, he assured that the allotted targets would be achieved by March 2016.

(Action : Banks/LDM Yadgir)

12.9: SCHEME OF D. DEVARAJ URS BACKWARD CLASSES DEV. CORPN. LTD.

D Devaraj Urs Backward Classes Development Corporation Ltd. is implementing CHAITANYA Subsidy cum Soft Loan Scheme.

District-wise target for 2015-16 as provided by the Corporation has been communicated to LDMs for distribution among Banks vide letter No.366 dated 16.6.2015 with an advise to reallocate amongst Banks.

As against the physical target of 5121 for 2015-16, the Dept has sponsored 11678 (including previous years 5493 applications), against which, Banks have sanctioned 832 loans, rejected 351 applications and pending 10495 applications as on Sep.2015.

The District-wise & Bank-wise performance as on Sep. 2015 was presented to the House. The Pr. Secretary, Backward Classes Welfare Dev. Dept., GoK informed that the progress under Chaitanya Scheme is 62%. However, she told that sanctions towards of Category-I and Cateogry-II are well below the stipulated levels of 22%, 51%, respectively. She pointed out the low progress in some of the District in Hyderabad-Karnataka Region as well as in Bengaluru (Urban). The loans sanctioned is 28 out of 149 applications sponsored in Raichur District, 41 sanctioned out of 129 in Bidar District and 14 sanctioned out of 107 in Koppal District and 283 sanctioned out of 989 in Bengaluru (Urban) District. Responding to this LDM, Raichur informed he has advised all the Banks to dispose of the applications by Jan. 15, 2016. LDM, Bidar informed that Kotak Mahindra Bank, erstwhile ING Vysya Bank is not showing any progress in implementation of the scheme. LDM, Chamarajanagar has also expressed the similar opinion and the said Bank is not represented at BLBC / DCC / DLRC meetings. Reacting to this, the ACS & DC, GoK advised SLBC to call a meeting of State Coordinators of Private Sector Banks to impress upon them to participate in the Govt sponsored schemes. She also advised SLBC to take a special review of performance of Govt sponsored schemes

21

in Hyderabad Karnataka region as these Districts are reeling under severe drought and where more number of suicidal incidents are reported. Hence, the people of the region are in need of the assistance at this juncture. Allocation of targets under Special Package for Dairy Development in Kolar & Chickballapur District The D. Devaraj Urs Backward Classes Development Corporation, Bengaluru vide their letter

No. ದ ೇಹಿನೇ/ವಿಪ್ಯಾ/ ಸಿ.ಆರ್-01/2015-16 dated 20.10.2015 has requested SLBC to allocate the

target of 2200 units for dairy development covering 11 Assembly Constituencies with 200 units per constituency in Kolar & Chickballapur Districts under the above scheme. The salient features of the scheme are :

Purpose For purchase of 2 animals for Dairy Development

Total Beneficiaries 2,200

Cost of the project ` 1,10,000

Subsidy from the Corporation ` 10,000

Bank Loan ` 1,00,000

Release of Loan First release of ` 45,000/- shall be made for purchase of

first animal along with subsidy of ` 10,000/- and 2nd release of ` 55,000/- to be made after six months of first

release for purchase of 2nd animal.

SLBC has already allocated the above targets to the concerned LDMs. The same was approved. All the Banks were requested to take note of the above and advise their Branches for its implementation.

(Action : LDMs / Banks / BC Dev. Corpn)

12.10 : IMPLEMENTATION OF PASHU BHAGYA SCHEME

It is informed by the Secretary to Govt., Animal Husbandry & Fisheries Department vide their letter D.O.No.AHF/143/Secy 2015 dated 20.4.2015 that the Govt of Karnataka has announced “Pashu Bhagya” Scheme for the year 2015-16. The scheme guidelines have been communicated to all the stakeholders.

The representative from Dept of Animal Husbandry informed that 18088 beneficiaries have been identified on conducting survey in 18 Districts and selection process is under way. The targets have been submitted to SLBC on 19.12.2015. As the targets communicated were not in readable form and some of the Districts were not found the place in the allocated targets, SLBC has returned back to the Dept to resubmit the same in the readable format and also covering all the Districts to enable SLBC to communicate the targets to LDMs.

(Action : Dept of Animal Husbandry)

AGENDA 13.0 : SPECIAL FOCUS PROGRAMMES

13.1 CREDIT FLOW TO MINORITY COMMUNITIES

The Banks have disbursed loans to 222827 beneficiaries amounting to ` 3267.97 cr up to

the quarter ended Sep. 2015. The outstanding level of advances to Minority Communities as at the end of Sep. 2015 was ` 20643.26 cr spread over 1105682 accounts, constituting 10.19% of PSA. The Bank wise details of credit disbursement & outstanding balance as at September 2015 were presented to the House.

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FLOW OF CREDIT TO MINORITY COMMUNITIES IN IDENTIFIED DISTRICTS

The outstanding level of credit to minority communities in the identified districts as at Sep. 2015 is as follows –

([` in cr]

Name of the District Bidar Kalburgi Dakshina Kannada

Name of Lead Bank SBI SBI SyndicateBank

Priority Sector Advances 2605 4055 11380.74

Lending to Minority Community 482 773.32 3449.46

% of Minority Community Lending to PSA 18.50 19.07 30.31

Stipulated % of Minority Community Lending to PSA 15 15 15

The flow of credit to minority communities in all the three districts has increased and surpassed the stipulated target of 15% of priority sector advances in the respective districts.

13.2 : CREDIT FLOW TO WOMEN

Banks have disbursed ` 9055.64 cr. to 702382 Women Beneficiaries up to Sep. 2015 during

the financial year. The outstanding level of Advances to Women Beneficiaries was ` 36225.04 cr as of Sep. 2015 constituting 7.70% of total of advances vis-a -vis stipulated

target of 5%.

The Bank wise details were presented to the House.

13.3 : KISAN CREDIT CARD

The Banks have issued 19,13,443 KCCs up to Sep. 2015 with credit limit of ` 14891 cr. Agency-wise number of Cards issued is as under:

(` in cr)

Agency Target for 2015-16

(amount)

During the Year Outstanding Balance

No.of cards Issued

Limit sanctioned

No. of cards

Amount

Comm.Banks 25452 411135 5959 1358285 22201

RRBs 6136 465301 3885 863995 8600

Cooperatives 10012 1037007 5047 2241785 9518

Total 41600 1913443 14891 4464065 40319

Bank wise position was presented to the House.

AGENDA 14.0 SELF HELP GROUPS/ JOINT LIABILITY GROUPS

Progress under SHG Bank Linkage as at September 2015 –

Outstanding position of advances to SHGs as at September 2015:

Agency No. a/cs Amount (` Crore)

Commercial Banks 432311 4803.76

RRBs 92680 1158.98

Cooperatives 76154 726.29

Total 601145 6689.03

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As against the targets for credit linkage of 1,56,250 of SHGs for the year 2015-16, Banks have credit linked 1,40,937 SHGs up to the quarter ending Sep. 2015.

Commercial Banks have directly credit linked 1,10,665 SHGs with an amount of ` 1651.91 cr

and indirectly 2189 groups with a limit of ` 20.29 cr; RRBs could credit link 15059 groups

with an amount of ` 307.89 cr and Co-op. Banks have credit linked 15213 groups with a limit of ` 257.37 cr up to September 2015.

A target for credit linkage of 25,000 JLGs has been fixed for the State for 2015-16. As per the information gathered, the Banks have credit linked 49,583 JLGs with a credit limit of ` 647.79 cr up to September 2015.

Consolidated progress by Banks under SHG Bank linkage program as at September 2015 was presented to the House. The LDMs were requested to submit Bank-wise SHG-BLP & JLG data on quarterly basis for

compilation.

AGENDA 15.0 : LENDING THROUGH MFIs:

Association of Karnataka Micro-Finance Institutions (AKMI) is overseeing the working of various (21) MFIs. It has informed that the loan outstanding given by various MFIs in Karnataka as on September 2015 was ` 9006.24 cr covering 65,65,888 a/cs. Out of which, overdue is only ` 53.59 cr spread over 33,406 a/cs. The MFI Wise / District-wise

outstanding and Overdues as on September 2015 were presented to the House.

AGENDA 16.0 : STREE SHAKTI PROGRAMME

The Women & Child Development, GoK has communicated the targets for linkage of Stree Shakti Groups for the year 2015-16 is as under:

No. of Stree Shakti Groups formed : 140000 No. of Groups credit linked : 129430 No. of Groups having only Bank A/cs : 10570

The progress under Stree Shakti Programme as furnished by the Women & Child Development Department, Govt. of Karnataka for September 2015 is as under:

No. of Stree Shakti Groups formed 140000

No. of groups maintaining accounts with banks 140000

Cumulative amount saved by the Group Members ` 1695.31 Cr

No. of groups credit linked 129430

Loan disbursal by banks ` 2661.14 Cr

The District-wise performance was presented to the House. AGENDA 17.0: UDYOGINI SCHEME OF KARNATAKA STATE WOMEN’S DEVELOPMENT CORPORATION [KSWDC] Karnataka State Women’s Development Corporation is the Nodal agency for implementation of Udyogini Scheme. The Corporation has allocated a physical target of 15000 and financial target of ` 1100 lacs for the year 2015-16 and the same has been communicated to all the

LDMs for re-allocation amongst Banks. The representative from KSWDC informed that the Banks have sanctioned 6321 applications and 18279 applications are pending with the Banks. The ACS & DC, GoK advised the Corporation to reconcile the data with the Banks as the pendency of applications is more.

(Action : KSWDC)

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AGENDA 18.0: IMPLEMENTATION OF SPECIAL SCHEMES

A] Agri-Clinics / Agri-Business

As per the information received from Banks, the outstanding under Agri-clinics/Agri-Business as of Sep. 2015 was for 2509 Clinics [` 483.47 cr] & 184 Agri-Business units (` 10.61 cr).

During the QE Sep. 2015 Banks have financed 18 Agri-Business Centres (` 1.35 cr) and 35 Agri Clinics (` 1.60 cr). Banks are requested to monitor the implementation of the scheme

at the ground level and ensure sanction of the proposals received on merits and submit subsidy claims to NABARD in respect of eligible proposals. Banks have to take advantage of Capital Subsidy available to the above schemes. B] Rural Godowns

The Banks have financed 139 Rural Godowns with credit limit of ` 44.62 cr up to Sep. 2015. The outstanding amount was ` 655.62 cr comprising 2997 accounts.

The Govt of Karnataka has also issued order and certain modifications to provide interest subsidy during the first five years for the loans sanctioned after 1.4.2013 and the same has been communicated to all the Banks.

C] Implementation of National Horticulture Board [NHB] Subsidy Scheme

During the year 2015-16, NHB has released subsidy in respect of 120 proposals under the scheme amounting to ` 2030.76 lakhs.

NHB has informed that they have revised operational guidelines of the scheme vide their Cir.No.NHB/CC/Project Appraisal Agency/2014-15 dated 22.5.204. The details are available on the website: www.nhb.gov.in.

AGENDA 19.0 : RECOVERY

19.1 : RECOVERY OF BANK DUES UNDER GOVERNMENT SPONSORED SCHEMES

The summary of scheme-wise NPA position as at September 2015, is furnished here under:

(Amount in ` crore)

SECTOR Balance

O/S NPA Level % of NPA

P M E G P 261.98 29.64 11.31

SGSY Individuals 83.25 18.01 21.63

Groups 286.64 37.19 12.97

SJSRY USEP 130.77 44.65 34.14

UWSP 37.18 14.98 40.29

Nodal agencies [DIC, RDPRD/Zilla Panchayat, KVIC/ KVIB & ULB (municipalities)] were requested to extend assistance to banks for recovery of overdues in co-ordination with Banks. Bank wise details were furnished to the House.

19.2 : NON-PERFORMING ASSETS POSITION :

There were 745397 NPA a/cs involving an amount of ` 17869.34 cr as of September 2015, accounting for 3.80% of total advances. The Farm sector accounts for 330691 a/cs, with a balance of ` 4929.43 cr constituting 5.14% of advances to agriculture. NPA under MSE and OPSA works out to 6.63% and 0.15%, respectively.

Bank wise details were presented to the House.

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19.3 : RECOVERY UNDER SARFAESI / DRT / LOKADALAT Banks have recovered ` 792.29 cr against amount involved ` 2183.38 cr under SARFAESI Act, recovered ` 184.66 cr against amount involved ` 1025.09 cr under DRT and recovered

` 19.33 cr against amount involved ` 300.58 cr through Lok Adalat up to September 2015. 19.4: RECOVERY UNDER KPMR & KACOMP ACTS As of Sep. 2015, 5714 cases filed by Banks under RR Act were pending before Revenue Authorities involving an amount of ` 72.49 cr. The Banks have filed 149 applications during

Sep. 2015 quarter involving loan amount of ` 1.20 cr. There are 1794 cases pending for more than 3 years for recovery under RR Acts. The Bank wise details were furnished to the House. The Convenor-SLBC requested the ACS & DC to advise the Revenue Department to accelerate the process of disposing off the pending cases under RR act. The ACS & DC advised the Banks to submit the non-farm loan cases to Secretary, Revenue Dept to take up recovery action under RR Act.

(Action : Banks)

AGENDA 20.0 : LEAD BANK SCHEME – STRENGTHERNING & MONITORING INFORMATION SYSTEM (LBS-MIS)

RBI vide their Cir No. RBI/ 2012-13/ 450 RPCD. CO. LBS. BC. No. 68/ 02.01.001/ 2012-13 dated March 19, 2013 has modified the statement for ACP target as LBS-MIS-I, statement for disbursement and outstanding- LBS-MIS-II, III. Similarly, statement for Financial Inclusion Plan (FIP) renamed as LBS-MIS-IV and LBS-MIS-V. These statements are to be submitted on quarterly basis commencing from June 2013.

SLBC had advised all Banks to submit the above statements as per the periodicity of submission. The consolidated statements of LBS-MIS-I, II,III, IV & V for the State as a whole, as on September 2015 were presented to the House. AGENDA 21. 0 : NABARD AGENDA NOTES:

The CGM : NABARD took up the review and informed that :

I. Area Development Plan / Scheme To facilitate enhanced term lending to agriculture and hasten the process of capital formation in agriculture sector, NABARD continued its process of identifying area development plan in PLP 2016-17. The plans are prepared taking into consideration the forward and backward linkages available, agro-climatic conditions, infrastructure etc. Implementation of these projects will result in enhanced livelihood option for large number of SF/MF. The area development plan / schemes identified in the districts have been made agency specific for proper implementation. SLBC may direct all the LDMs to incorporate the ADP identified in the PLP in the DCP and a suitable monitoring mechanism may be evolved at district/state level for proper monitoring / implementation of ADP. Coordinated efforts are required from all stake holders for successful implementation of ADPs. II. Government Sponsored Programmes:

(a) Solar Pumping System

(I) Target allocated for the State is 1,200 pumpsets. An amount of `1.65 lakhs was

sanctioned as advance subsidy to KVGB, Bidar DCCB, Yes Bank, Bijapur DCCB while an

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amount of `1.00 crore is being released as advance subsidy to Karur Vysya Bank and RBL

Bank.

(ii) Banks may avail advance subsidy to promote pumping system in a big way. Banks may issue necessary instructions to their branches in this regard and allocate targets so as to achieve the allocated target of 1,200 units for Karnataka for the year 2015-16. The advance subsidy is required to be utilized within 3 months from the date of release by NABARD and the banks are required to furnish final details on claim / subsidy with proper documents for adjustment against advance subsidy.

(iii) The banks may also submit claims for subsidy without even availing advance subsidy with prescribed documents.

Further, he said that the Central Govt is extending 50% subsidy as advance subsidy for solar pump sets. Many farmers in northern Karnataka are coming forward to install Solar Pumpsets, which are being entertained by the Private Sector Banks viz., Karur Vysya Bank, RBL Bank by having tie up arrangement with Sugar factories. He called upon all the Banks to entertain such proposals in view of the power crisis faced by the farmers for running their pump sets for irrigation purpose.

III. SHORT-TERM AND WEAVERS’ FINANCE:

(a) GOI Interest Subvention Scheme on Crop Loans

Govt. of India has settled all the Interest Subvention claims up to 2013-14 (both normal and

additional). A comprehensive study on the implementation of interest subvention scheme was

taken up in Mysore and Belgaum districts from 17 August 2015 to 27 August 2015.

(b) Kisan Credit Cards (Position as on 31 October 2015)

Sl. No.

Name of the Agency Live KCC (No.) Rupay KCC (No.) Coverage in %

1 KSCAB 24,66,540 54,976 2.23

RRBs 1 Pragathi Krishna GB 2,51,521 39,635 15.76

2 Karnataka Vikas GB 2,81,844 66,373 23.55

3 Kaveri GB 2,43,332 58,166 23.90

Total for RRBs 7,76,697 1,64,174 21.14

Grand Total 32,43,237 2,19,150 6.76

The progress in issue of RuPay KCC by the Cooperatives is extremely poor. SLBC may impress upon the banks to make all out efforts to issue the Rupay KCCs in large numbers.

(c) Fresh Financing to PWCS GoI, MoT is closely monitoring the flow of credit to the handloom sector and is regularly seeking the status and progress in submission and sanction of fresh financing applications by PWCS, engagement of Bunkar facilitators etc. SLBC may provide the details to NABARD on monthly basis so as to update the GoI on the issue.

27

Department of Handlooms may be requested to create awareness among their District Offices, weavers and the PWCSs about various schemes available for the handloom sector, like Margin Money Assistance (for weavers and their SHGs, JLGs) and Interest Subvention. IV. GLC - Development of Portal by NABARD: (i) NABARD is in the process of developing a robust digital platform for collection and reporting of data on agriculture credit as decided in the meeting held at the behest of DFS, GoI with NABARD and IBA on 23.7.2015. In this connection, NABARD HO, have issued certain instructions vide letter dated 09.09.2015, (copy enclosed) to all banks to initiate necessary action to put in place necessary mechanism for collecting state wise/ activity wise agricultural data in order to integrate the same with proposed web portal to be introduced by NABARD. Necessary formats have also been dispatched to banks for capturing the data. (ii) KSCAB Ltd., KSCARDB Ltd. and RRBs have identified Nodal Officers for handling the work related to uploading of data on ground level agricultural disbursements onto the web portal. These banks may indicate further steps taken in this regard for early introduction of technological platform to collect information on agricultural credit. (iii) Incorporation of information regarding ground level disbursement on agricultural term loan in the SLBC agenda (Annexure IV). Hither to SLBC was furnishing disaggregated data on Ground Level Credit to agriculture with break up for crop loans and term loans separately in Annexure IV to the agenda note for SLBC meeting. However since last meeting, only consolidated data for GLC for agriculture is provided. This hampers any meaningful discussion on trends in credit flow for term loan segment and crop loan segment which is quite essential for monitoring of the credit flow for this vital sector of the economy. V. SHG-JLG:

(a) Rejuvenation of SHG-BLP As already communicated to SLBC vide NABARD’s letter dated 29 October 2015, Banks are required to take necessary steps to:

bridge the gap between savings linkage and credit linkage of SHGs bring down NPAs on SHG lending make use of incentive scheme of NABARD for Tracking and Revival of dormant

SHGs increase the average size of loan per SHG in the State

(b) Digitisation of SHG : Banks operating in Mysore District may furnish data on SHG to DDM, NABARD, Mysore and also to NABARD Regional Office in the format prescribed which has already been circulated amongst all bank branches by DDM, Mysore.

VI. FINANCIAL INCLUSION:

(a) Solar Powered VSAT Connectivity in Sub Service Areas (SSA):

(i) NABARD has come out with a Scheme for extending support for setting up of Solar Powered VSAT connectivity to Kiosk/Fixed CSPs to address the issue of connectivity as also power supply in Sub Service Areas of the banks. The main purpose of the scheme is to bring

28

the banking services to the far flung areas of the country, as connectivity is the roadblock for making available banking services in those areas.

(ii) Detailed circular (No 231/DFIBT 32/2015 dated 29.10.2015 of NABARD, HO, Mumbai) has already been issued to SLBC convenor for bringing the contents of the Scheme to the notice of all banks for submission of proposals by banks to NABARD Regional Office by 31.01.2016, with a target for completion of implementation by 31.03.2016. SLBC is requested to indicate the present status.

VII. RURAL INFRASTRUCTURE:

As on 30 November 2015, 3008 irrigation projects have been completed in the State under RIDF I to XIX. These projects have created irrigation potential of 2,81,835 ha in 29 districts of the state. District-wise details of the completed irrigation projects are furnished in Annexure-T. Banks are requested to take earnest efforts in assessing the additional credit requirements of farmers in the command area of the projects. AGENDA 22 : ANY OTHER MATTERS WITH THE PERMISSION OF CHAIR

Relief Package for Sponge Iron Units

The Secretary, Industry and Commerce, GoK informed that the Association of Sponge Iron Units in Karnataka have represented to the Govt for extending relief measures as per Govt of Goa model taking into consideration hardships faced by them. In this connection, he has already had a meeting of office bearers of the Association and major Banks involved in financing for sponge iron units on 17.11.2015 to discuss on the issue. In the meeting apart from other issues, it was suggested that SBI to make arrangements to prepare a rehabilitation package through SBI Caps, as SBI is the major lender. Responding to this, the AGM-SLBC informed that SLBC had convened a meeting of Bankers on 30.11.2015 to discuss on the issue, wherein all the Bankers have opined that the situation in Goa and in Karnataka is different and not comparable. The guidelines of RBI with regard to rehabilitation of sick units are already in place and Banks may consider rehabilitation on its merits. Further, the OTS schemes of individual Banks are already in existence and the same can be made use of by the individual borrowers. He further said that as per the information gathered from the Banks, the outstanding number of units are only 27, of which 13 a/cs are Standard Assets and the remaining 14 a/cs are classified as Doubtful Assets. However, it was also decided by the Banks that if the Govt comes out with a package for the sector, Banks will examine the same and take a suitable decision in the matter. The same has been communicated to the Secretary, Dept of Industries & Commerce, GoK by SLBC. The ACS & DC advised the Secretary, Industry and commerce, GoK, to take up the issue with SBI Caps.

(Action : Dept of Ind. & Commerce) USAGE OF KANNADA IN BANKS Sri Vivek Deep, General Manager, RBI informed that usage of forms by the banks at field level is generally in English/Hindi which is not fair as majority of the customers do not understand the above languages. Hence, he requested the Banks to provide the forms in local language i.e., Kannada also.

(Action : Banks) The meeting concluded with vote of thanks by Sri P. Paramasivam, General Manager, Corporation Bank. Agency-wise participants list is enclosed.

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IMPORTANT DECISIONS TAKEN IN THE MEETING

1) Banks in association with District Administration & Line departments to continue organizing counseling camps and provide relief measures to distressed farmers in the affected areas in tune with RBI guidelines in all the 136 drought affected Taluks as declared by Govt of Karnataka.

2) With regard to fixation of scal e of finance for crop loans, it was decided that Nabard

to work out scale of finance for crop loans with a range as an indicator for District Level Technical Committees. The DDM:Nabard and LDMs of the district shall take leading role for finalization of scale of finance for the crops.

3) With regard to non-participation/non-cooperation of private sector banks in implementation of Govt. sponsored schemes, it was decided that SLBC to convene a meeting of state co-ordinators of private sector banks in association with RBI and impress upon them to participate in govt. sponsored schemes.

4) SLBC to take a special review of performance under Govt. sponsored schemes in

Hyderabad Karnataka Region, as these districts are reeling under severe drought/witnessing more number of farmers suicide and require assistance at this junction.

5) LDMs in association with Department of Agriculture/AIC of India to organize

awareness camps on Crop Insurance Schemes for mobilizing more number of non loanee farmers in particular and loanee farmers in general.

6) The line departments implementing their scheme to sponsor eligible applications only to the extent of 125% of their allocated target and not to bunch the applications at the bank branch level.

******

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SLBC – KARNATAKA

LIST OF PARTICIPANTS

133rd

SLBC Meeting held on 21.12.2015

Sl. No.

Name Shriyuths - Designation Organization

1 Smt Latha Krishna Rao Addl. Chief Sec. & Dev. Com. Govt of Karnataka

2 R S Pandey Executive Director Syndicate Bank

3 M I Ganagi Chief General Manager NABARD

4 Vivek Deep General Manager Reserve Bank of India

5 M Mohan Reddy Convenor-SLBC & GM Syndicate Bank

STATE GOVERNMENT DEPARTMENTS

6 Rajeev Chawla Principal Secretary Dept of Horticulture

7 Dr Shalini Rajneesh Principal Secretary Backward Class Welfare Department

8 Smt Prachi Pandey Addl.Secretary (FR) Finance Dept.

9 N Manjunatha Prasad Secretary Agriculture & Food Processing

10 D V Swamy Mission Director RDPR-NRLM

11 Dr Manjula N Director Directorate of Municipal Administration

12 Shankarappa Director Collegiate Education

13 S Shekar Commissioner Dept of AH & VS

14 Dr. R Raju Commissioner Dept of Textiles

15 S H Santhosh Kumar Jt Registrar Co-op Societies Sericulture Dept

16 G Karibasappa Addl. Registrar of Co-op Soc. Dept of Co-operation

17 Anil Uppin Addl. Director (Viswa) Dept of Industries & Commerce

18 Parashivamurthy K M Addl. Director Dept of Horticulture

19 H Prakash Addl. Director (MSME) Dept of Industries & Commerce

20 M Muniraju ASO Director of Economics & Statistics

21 Dr R K Chaluvaiah Jt Director Dept of AH & VS

22 S Ganesh Naik Jt Director Dept of Agriculture

23 Dr. Anwar Pasha Dy Director Dept of AH & VS

24 Shobha H B Dy. Director Dept of Agriculture

25 Prabhakara H L Project Director (UID&KRDH) Centre for e-Governance

26 Sandeep Patil Sr Consultant Centre for e-Governance

27 Suprasanna Ch. Project Officer NULM 28 N Ramesh State Programme Manager-FI KSRLP – Sanjeevini

29 M S Rajashekar State Mission Manager DMA

30 C Gangadhar Gazetted Manager Education Department

31 G Ramanathan Advisor (Financial Inclusion) Finance Department

RESERVE BANK OF INDIA

32 K Ganesha Dy. General Manager RBI

33 Laxmipathi Asst. General Manager RBI

APEX INSTITUTIONS

34 A C Sahu GM & Regional Head SIDBI

35 P A Prem Kumar Dy. General Manager NABARD

36 Bonani Roy Choudhury Asst General Manager NABARD

37 T Sudheer Asst General Manager NABARD

CONVENOR – SYNDICATE BANK

38 Y. Srihari Asst General Manager Syndicate Bank – SLBC

39 S Rama Rao Asst General Manager Syndicate Bank – FI

40 B R Hiremath Asst General Manager Syndicate Bank – PSCD

41 H.K. Suresh Chief Manager Syndicate Bank – SLBC

31

42 Pullaiah Dayapule Sr Manager Syndicate Bank – SLBC

43 K Chandrashekarappa Sr Manager Syndicate Bank – SLBC

44 Siddanagouda Manager Syndicate Bank – SLBC

NATIONALISED BANKS

45 P Paramasivam General Manager Corporation Bank

46 K Surendra Hegde Dy. General Manager Vijaya Bank

47 A S Verma Dy. Zonal Manager Bank of India

48 A V Ramana Dy. General Manager Union Bank of India

49 P v Venkateswaran Dy. General Manager Indian Overseas Bamk

50 E Khaleel Basha Dy. General Manager UCO Bank

51 Shreenath Joshi Asst. General Manager Canara Bank

52 V S R Murthy Asst. General Manager Andhra Bank

53 K N Naik Asst. General Manager Bank of Baroda

54 D M Channaveeraiah Asst. General Manager Vijaya Bank

55 S Rajeshwari Asst. General Manager Indian Overseas Bamk

56 Ashutosh Brahmatmaj Asst. General Manager Allahabad Bank

57 Aparna Vinod Asst. General Manager IDBI Bank

58 O N Gupta Asst. General Manager Oriental Bank of Commerce

59 D Srinirvasa Rao Asst. General Manager Corporation Bank

60 Gurudath K S Divisional Manager Canara Bank

61 L Suryanarayan Chief Manager Indian Overseas Bank

62 G Chakkaravarthy Chief Manager UCO Bank

63 Vasudev Guttal Chief Manager Punjab National Bank

64 K Hanmantha Reddy Chief Manager Dena Bank

65 P Venkat Rao Chief Manager United Bank of India

66 Shivanna S Chief Manager Punjab and Sind Bank

67 G Bhaskar Reddy DCO - RD Central Bank of India

68 C B Hugar Sr. Manager Bank of India

69 R Rajapriya Sr. Manager Indian Bank

70 K Solomon Ravi Kumar Sr. Manager Bk of Maharashtra

71 Prasobha S Pillai Sr. Manager Oriental Bank of Commerce

72 Madhu Babu Garimella Branch Manager Bharatiya Mahila Bank

73 Sukant Manager Bank of baroda

74 R Naveen Manager Andhra Bank

STATE BANK GROUP

75 Y Vijaya Kumar General Manager State Bank of India

76 S Venkateswarlu General Manager State Bank of Mysore

77 T R Pahwa Dy. General Manager State Bank of India

78 Bhupen Deka Dy. General Manager (ABU) State Bank of India

79 N Rajendra Kumar Asst. General Manager State Bank of Hyderabad

80 S Santhosh Asst. General Manager(MSME) State Bank of Mysore

81 B V Bhat Chief Manager State Bank of Mysore

82 D V S Reddy Chief Manager (ABU) State Bank of India

83 D K Anandakumar Chief Manager(LB) State Bank of Mysore

84 S V S Iyer Chief Manager State Bank of Travancore

85 Rajesh H K Manager State Bank of Mysore

86 Rahul Singh Rajput Asst. Manager State Bank of Bikaner & Jaipur

87 Shilpa Singh Asst. Manager State Bank of Patiala

PRIVATE BANKS

88 VenkataKrishna Bhat Asst General Manager Karnataka Bank

89 Nilanjan Majumdar Vice-President Axis Bank

90 B Sadashiva Mallya SVP & Circle Head Axis Bank

91 Venkata Naresh Kumar DM ICICI Bank

32

92 Manku Bhattacharjee Chief Manager ICICI Bank

93 Alexander Muthalaly Chief Manager Federal Bank

94 N Rajesh Sr. Manager Tamilnad Mercantile Bank

95 Kiran K Sr Manager RBL Bank

96 Vikas Sharma Manager Indus Ind Bank

97 R Ravi Kumar Sr. Manager Dhanalxmi Bank

98 H M Girish Kumar Manager Karur Vysya Bank

99 Sanjeev Aggarwal Manager Jammu & Kashmir Bank

100 Binod P AVP & Nodal Officer HDFC Bank

101 Mehmood Khan Dafedar Nodal Officer Axis Bank

102 Indira M D Manager South Indian Bank

103 Raghunandan M H Asst. Manager Lakshmi Vilas Bank

CO OPERATIVE BANKS/ OTHER BANKS/INSTITUTIONS

104 G S Ramana Reddy CEO Apex Bank

105 Venkatesh H.C. Executive Director K.F.R.C., Bagalkot

106 Basanna. R Director K.F.R.C., Bagalkot

107 H T Suresh Regional Chief HUDCO

108 K.J. Morab CEO AKMI

109 M Linganna State Director RSETIs

110 Sangamesh Sulegaon Manager (Tech) KSFC

111 Smt. Lata C Patil Law Officer KSCARD Bank Ltd

112 Kishore M Assistant AKMI

REGIONAL RURAL BANKS

113 Suryakant R Ganga General Manager Karnataka Vikas Grameena Bank

114 Gopala Naik General Manager Pragati Krishna Grameena Bank

115 Bhaskar Rao P General Manager Kaveri Grameena Bank

BOARDS/CORPORATIONS/GOVT. OF INDIA

116 DR G P Devaraj Managing Director K.M.V.S.T. Dev. Corporation

117 Dr M R Ekantappa Managing Director DDU BC Dev Corporation

118 Mohammed Saleem Managing Director Karnataka Minority Dev. Corporation

119 Ganeshappa M Managing Director Dr. B R Ambedkar Dev Corp.

120 G V Dhananjaya Rao ADET TERM Cell-BG, DoT,GoI

121 Vijay Kota ADET Telecom Enforcement Cell,GoI

122 N R Vijay General Manager KSWDC

123 G V Venkatachalam Dy. General Manager BESCOM

124 Mahesh M Hervatte Dy Director UIDAI

125 H B Gangadharappa Dy Director Kar. State Minority Commission

126 Krishnaraj K Asst. District Manager Dr. B R Ambedkar Dev Corp.

127 V Annappa Development Officer K V I B

128 S S Baligidad Superintendent K V I B

129 V Bangara Nayaka Nodal Officer K V I C

130 G Rajanna Economic Officer K V I C

131 P C Dhananjaya Head Job Manager RO, Coir Board, Bengaluru

132 Leena Kallammanavar Asst. Manager Marketing K S W D C

133 Surinder Singh Nijhar Sr Horticulture Officer National Horticulture Board

134 Prashanth Kumar SSA UIDAI

135 Nagarathna T A Office Assistant o/o CPMG, Karnataka Circle

LEAD DISTRICT MANAGERS

136 T G Shankar Kumar Lead District Divisional Manager LDO, Shivamogga

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137 H Shivaramaiah Lead District Chief Manager LDO, Chamarajanagar

138 S T Khader Lead District Chief Manager LDO, Yadgir

139 K Subba Rao Lead District Chief Manager LDO, Udupi

140 S Murali Lead District Chief Manager LDO, Raichur

141 Raghav V Y Lead District Manager LDO, Dakshina Kannada

142 Pandit Hosalli Lead District Manager LDO, Bidar

143 K A Devaiah Lead District Manager LDO, Kodagu

INSURANCE COMPANIES

144 C Anbarasu Chief Regional Manager AIC of India

145 B Raviraj Nayak Sr. Branch Manager LIC of India

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